Gerdau CFO sells 10,000 preferred shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
GERDAU S.A. VP, CFO and IR Officer Rafael Japur Dorneles reported selling 10,000 preferred shares on August 6, 2026, at $5.10 per share (price translated from Brazilian reais using a stated Central Bank of Brazil exchange rate), leaving 86,967 preferred shares held directly. He also reports multiple Restricted Stock Unit positions over preferred shares, with exercise prices between $3.65 and $4.15 per share and expirations from 2027 to 2029, covering tens of thousands of underlying shares.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
7 txns
Insider
Japur Rafael Dorneles
Role
Insider
Sold
10,000 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares F1 | 10,000 | $5.10 | $51K |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Restricted Stock Units F2 | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 86,967 shares (Direct);
Restricted Stock Units — 220,475 contracts (Direct)
Footnotes (2)
- F1. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the August 6, 2026 selling rate of R$5.1017 per US$1.00, as reported by the Central Bank of Brazil.
- F2. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the May 22 2026 selling rate of R$5.0140per US$1.00, as reported by the Central Bank of Brazil.
Key Figures
Shares sold: 10,000 preferred shares
Sale price per share: $5.10 per share
Shares held after transaction: 86,967 preferred shares
+4 more
7 metrics
Shares sold
10,000 preferred shares
Sale on August 6, 2026 by Rafael Japur Dorneles
Sale price per share
$5.10 per share
Preferred shares, price translated from Brazilian reais at R$5.1017 per US$1.00
Shares held after transaction
86,967 preferred shares
Direct ownership following August 6, 2026 sale
FX rate for sale translation
R$5.1017 per US$1.00
Central Bank of Brazil selling rate on August 6, 2026
RSU exercise price 2027-02-22
$3.89 per share
Restricted Stock Units over 46,634 underlying preferred shares, expiring February 22, 2027
RSU underlying shares 2029-02-25
81,108 preferred shares
Restricted Stock Units with $4.15 exercise price, expiring February 25, 2029
Additional FX rate for RSUs
R$5.0140 per US$1.00
Central Bank of Brazil selling rate on May 22, 2026 used for RSU price translation
Key Terms
Restricted Stock Units, underlying security, exercise price, Central Bank of Brazil
4 terms
Restricted Stock Units financial
"He also reports multiple Restricted Stock Unit positions over preferred shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
underlying security financial
"underlying_security_title "Preferred shares" and underlying_security_shares figures"
exercise price financial
"conversion_or_exercise_price values such as 3.8900 and 4.1500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Central Bank of Brazil financial
"rates as reported by the Central Bank of Brazil for currency translation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GERDAU S.A. (GGB) report for Rafael Japur Dorneles?
Rafael Japur Dorneles reported a sale of 10,000 preferred shares of GERDAU S.A. on August 6, 2026 at $5.10 per share, with the dollar price translated from Brazilian reais using a Central Bank of Brazil exchange rate disclosed in the filing.
Were the GERDAU S.A. (GGB) insider transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox as not affirmed (unchecked), and the provided footnotes do not state that the August 6, 2026 sale or the Restricted Stock Unit holdings were made or structured under a pre-arranged Rule 10b5-1 trading plan.
How are foreign exchange rates used in this GERDAU S.A. (GGB) Form 4?
The filing explains that transaction and award prices are denominated in Brazilian reais and translated to U.S. dollars using specific Central Bank of Brazil selling rates, including R$5.1017 per US$1.00 on August 6, 2026 and R$5.0140 per US$1.00 on May 22, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
